Barrick Gold looks set next week to win shareholder approval for its executive compensation, a reversal from last year when angry investors voted against what they said was excessive pay, after the miner’s chairperson forfeited his bonus.
One of Barrick’s top ten shareholders, who spoke on the condition of anonymity, said his fund would back the “say-on-pay” vote at Barrick’s April 26 annual meeting, as did a US-based institutional shareholder.
